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Wednesday, November 13, 2024

Status of GSP+ extension for Pakistan

Monitoring Mission of European Union’s (EU) Generalized System of Preferences Plus (GSP+) is on visit to Islamabad for ten days

India fines Reliance over Facebook deal

In April 2020, Meta's Facebook invested $5.7 billion in Reliance's Jio Platforms, aiming to allow WhatsApp to offer payments services to millions of small businesses.

Hopeful of IMF accord in a day or so: Miftah Ismail

The minister vows to protect those with up to Rs1.2 million in annual earnings from income tax.

Biden to remove more Chinese tariffs to control inflation

White House officials discussed options on Friday with Biden for reducing some of former President Donald Trump's punitive duties on China, including potentially substantial cuts, three of the sources said.

Political parties and military blamed for being “intellectually corrupt”

Former Chairman FBR blamed PML, PPP, MQM and Military for being intellectually corrupt and facilitating transfer of assets from Pakistan

HBL wins praise for Pakistan’s FATF achievement

Chairman HBL has been recognized for his support in bringing Pakistan to its final stage for exiting FATF’s grey list.

Electricity generation expense jumped by 131 percent

The expense of power generation in Pakistan increased by 131 percent from Rs. 5.7 kWh in May 2021 to Rs. 13.15 kWh in May 2022.

US to assist Pakistan with IMF deal: report

Reportedly, Pakistan has been "seeking Washington's support" for renewing its Extended Fund Facility (EFF) with the IMF.

No agreement reached with IMF, Pakistan continues to struggle

Pakistan failed to reach an agreement with the IMF to procure EFF and seeks assistance from the United States

Bitcoin wobbling around $20,000 puts industry in anxiety

The overall crypto market capitalisation is roughly $870 billion, according to price site Coinmarketcap, down from a peak of $2.9 trillion in November 2021.

PML-N finding fault in their own CPEC deals?

Prime Minister directed Power Division and Finance Division to make deals for staggering the payment of CPEC IPPs' outstanding dues.

Weekly inflation touches the sky, hitting a 14 year high

Increase in price of petrol and diesel results in all time high weekly inflation based on the Sensitive Price Index (SPI)